Inverse Finance - DBR auction

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Buy DBR via auction Auction Stats

DBR XY=K Auction

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Sell DOLA

Buy DBR

Infos

DBR balance: 0

DOLA balance: 0

Exact amount DOLA to sell:

Bal 0.00

Estimated amount to receive:

Price via selected auction:

Market price via Curve:

Max. slippage %:

Min. DBR to receive:

What are XY=K Auctions?

XY=K auctions operate as a virtual xy = k constant function market maker auction, it allows users to buy DBR using DOLA. In the auction, the price of DBR (per DOLA) continuously reduces every second, until a DBR purchase is made at which point the price increases.

The "Virtual" auction and "sDOLA" auction offer different DBR pricing depending on usage and auction parameters. The proceeds from the Virtual auction go to DOLA bad debt repayment while the proceeds from the sDOLA proceeds go to sDOLA stakers.

Learn more

What is DBR?

- DBR is the DOLA Borrowing Right token

- One DBR allows you to borrow one DOLA for one year

- It's also the reward token for INV stakers on FiRM

- DBR can be bought to borrow or hedge against interest rates!

Learn more about DBR

Looking for sDOLA?

Go to the DOLA staking page